Gas fees are an unavoidable cost in cryptocurrency, affecting everything from trading and investing to gaming, DeFi, and NFT transactions. Traders frequently encounter gas fees when moving assets ...
Ethereum, one of the most popular cryptocurrencies/blockchain networks to date, recently implemented its EIP-1559 upgrade in ...
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Gas Fees Explained

Ethereum is a decentralized network that runs smart contracts and decentralized apps (dApps). Gas fees fuel every transaction and keep the network running smoothly. Anytime you send ETH, swap tokens, ...
There is no such thing as a free lunch and there’s certainly no such thing as a free transaction. If spending $5 to receive $20 at an ATM can be frustrating, imagine spending $100 to send $500 or ...
The total gas fee of a transaction is calculated by multiplying the gas used with the gas price. This fee compensates for the computational energy required to process and validate transactions on the ...
Gas fees on the Ethereum layer-1 blockchain dropped to just 0.067 Gwei on Sunday, amid a lull in the crypto markets sparked by October’s historic market crash. The average price for executing a swap ...
Dencun describes two upgrades that took place at the same time on Ethereum. The name combines the "Cancun" upgrade of the execution layer and the "Deneb" upgrade on the consensus layer. The latter ...
Etherscan data shows that an average swap costs only $0.39 in fees compared to around $86 one year ago. The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of ...
Buterin proposed a system akin to prediction markets for gas fees, to provide Ethereum users with a means to hedge against future network fee volatility. Ethereum co-founder Vitalik Buterin has ...